There are 1,576 enterprise stalls in the town, including 15 joint-stock enterprises, 58 private enterprises, and 8 enterprises with investments exceeding 10 million yuan. Hebei Pengda New Materials Technology Co., Ltd., a well-known enterprise in the province, is located in Luozhuang Village, our town. It is the largest domestic manufacturer of non-metal oxide powder materials, with an annual output of 3,000 tons of high-purity ultra-fine alumina powder and 500 tons of high-purity ultra-fine zirconia powder. Exported to Germany, Japan, Europe and the United States, accounting for 70% of the international market share, with annual foreign exchange revenue of US$7 million. The town is one of the country's bicycle parts production bases, with 520 bicycle parts processing factories and stalls, and its products are exported to various parts of the country and Southeast Asia. The town has formed nine major advantageous industries: bicycle accessories, baby carriages, bearings, cotton spinning, feed yeast, new materials, natural pigments, cold-rolled strip steel, welding rods, etc. By the end of 2006, the town's total output value was 1.67 billion yuan, of which the total output value of private enterprises was 1.5 billion yuan, the added value was 350 million yuan, and profits and taxes were 143 million yuan.
Henan Tuan Town has a developed economy and is an important industrial town in Quzhou County. It has 2,126 private enterprise stalls and achieved a total industrial and agricultural output value of 2.95 billion yuan in 2011. Featured industries include: bicycle accessories, new materials, cotton spinning, bearings, welding rods, machine tool trading, waste iron wire utilization, etc. Hebei Pengda New Material Technology Co., Ltd., the largest domestic manufacturer of non-metallic oxide powder materials, is located in Luozhuang Village, this town. It produces high-purity ultra-fine alumina powder and zirconia powder, accounting for more than 70% of the international market share and exported to Germany. , Japan and Europe and America. There are more than 1,800 stalls of bicycle accessories manufacturing companies in the town, and their products are exported to all parts of the country, Southeast Asia, South America, and Africa.